Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
TopNjCasinos.com logo
NJ Online Casinos»News»BetMGM, Jets Enhance New Jersey Betting Partnership with ‘Slingo’
BETMGM, JETS ENHANCE NEW JERSEY BETTING PARTNERSHIP WITH ‘SLINGO’
TopNjCasinos.com
By Lou Monaco
TopNjCasinos.com @loumonaco
January 13th, 2022 - 09:05pm
BETMGM announced an addition to New Jersey online casinos and betting with the unveiling of New York Jets’ Slingo.
The new game by BetMGM becomes the first team-branded offering of its kind in the United States.
BetMGM Casino
100% Welcome up to $1000 + $25 Free
PROMO CODE: TOPNJBONUS
Read Expert Review
PLAY NOW
Terms apply for all bonuses. Must be 21+ to participate.
NJ SPORTS BETTING PARTNERS RAMP UP
Already teamed with BetMGM, the New York Jets’ enhanced partnership includes a BetMGM-branded studio at the team’s training facility in Florham Park, a mere 26 miles from MetLife Stadium in East Rutherford, along with branded blackjack and roulette games.
“Through the launch of Jets Slingo, we’re taking our relationship with the Jets to the next level,” said Oliver Bartlett, director of gaming for BetMGM, in a news release. “Jets Slingo is a great addition to BetMGM’s market-leading games portfolio and, thanks in part to the great work of Gaming Realms, we expect it to attract both Jets fans and avid casino players.”
Couldn't see any reason online for sudden interest, only this on Twitter and they don't have that big a following. You wouldn't spend £150k just based on this, but someone believes there will be upward movement shortly. Hard to think it's just because we're anticipating good y/e figures because we've been anticipating those for a while now.
$Buy the Dips$
@abjunior777
·
11h
#GMR 4 X £17K BUYS.
Gaming Realms. NEWS DUE SOON
Presumably these latest ones are in addition to the other outstanding options for 2022, 2023 and 2024 that have not vested yet? For example...
Share options statement from 2020 interims:
On 1 May 2020, certain employees of the Group were granted a total of 6,650,000 share options, which vest in three equal tranches on 3 February 2021, 3 February 2022 and 3 February 2023. The options have an exercise price of 10 pence per share.
On 2 June 2020, the two Executive Directors of the Group were each granted 3,000,000 share options, which vest in three equal tranches on 3 February 2021, 3 February 2022 and 3 February 2023. The vesting of each tranche is subject to delivery of adjusted EBITDA targets for the financial years ending 31 December 2020, 2021 and 2022. The options have an exercise price of 10 pence per share.
Share options statement from 2021 interims:
On 5 January 2021, certain employees of the Group were granted a total of 350,000 share options, which vest in three equal tranches on 1 January 2022, 1 January 2023 and 1 January 2024. The options have an exercise price of 22.4 pence per share.
Yes and Scientific Games owns Ballys and Ballys owns Gamesys and not only did they supply a £3.5m convertible loan to GMR, Gamesys also has a service agreement with GMR which is currently locked into favourable terms for them for another 6 years when it will have to be renegotiated, on presumably less favourable terms, unless of course they buy GMR in the meantime.
Buy out or not, 2022 has got to be the year GMR's true potential is finally realised with full year Italy/NJ/Penn/Mich under its belt and hopefully Canada coming online soon too. Potential suitors will know this is about to start churning out good profits and is only going to get more expensive to buy out the longer they leave it.
What we really want is more than one suitor to show an interest, then things could get very interesting.
Good luck all for 2022!
Thanks Pironi. As they say, you've got to be in it to win it. Our time must surely come?
"The digital gaming market in Italy is forecast to be worth around £3.6bn by 2024"
Have a great xmas and a VERY prosperous 2022 to all GMR holders!
https://www.thisismoney.co.uk/money/markets/article-10339139/amp/Flutter-buy-Italian-gambling-operator-Sisal-1-6bn.html
BetMGM has launched Borgata Bingo for players in New Jersey, the first online bingo product built exclusively for BetMGM by Entain.
Borgata Bingo gives players access to the first 75-ball online bingo product in the US, as well as a 90-ball bingo game, and a host of exclusive slot games and jackpot prizes, including Gaming Realms’ Slingo.
“Borgata Bingo provides players with an engaging digital gaming experience – one that builds upon the fun of live, in-person bingo,” said BetMGM vice president of gaming Matthew Sunderland. “We’re pleased to introduce this first-of-its-kind platform as we further expand the Borgata brand online.”
https://www.gamingintelligence.com/products/bingo/149135-betmgm-launches-borgata-bingo-in-new-jersey/
Stockholm-listed gaming supplier Aspire Global has acquired a 25 per cent stake in multi-channel bingo provider END 2 END for US$1.75m.
The agreement also includes an option for Aspire Global to acquire all of the shares in END 2 END in three or five-years’ time.
“This is yet another step in Aspire Global’s strategy to control the entire B2B value chain in the iGaming industry,” said Aspire Global CEO Tsachi Maimon. “It is also an important part of achieving our goal of becoming the world’s leading iGaming supplier.”
https://www.gamingintelligence.com/finance/manda/148880-aspire-global-acquires-25-stake-in-bingo-supplier-end-2-end/
GMR recently signed a deal with Aspire.
https://lcb.org/news/gaming-realms-becomes-part-of-pariplay-s-fusion-platform
Looks like Ontario igaming launch delayed until at least mid-February. Gambling is prohibited by law in Canada except for special cases (eg government-controlled lotteries) so rather than issuing gambling licences, companies have to register with the regulator to apply for an "operating agreement" with iGaming Ontario who are managing the whole thing on behalf of the regulator. It's a weird workaround which is obviously taking longer than anticipated.
Merry christmas (again) everyone from your Chairman. He did the same thing last year, dumping a million shares on the market in December. This must be his piggy bank for present buying and when you can just issue yourself some more shares, why not?
Mark Blandford saw this as a buying opportunity. Will others? We'll find out by how long this takes to recover.
I suppose it could have been a sell order that finally got filled over several days. Would explain why we are down at these levels. Well, let's hope for a nice uptick after xmas, like last year. You never know, maybe things are quiet here for a reason.
GMR's commercial director is reported as saying he's "excited" to be entering "a big market like Romania". Although clearly not big enough or excited enough to announce it via RNS.
I don't see the relative size of the market as a reason not to make the most of a newsworthy opportunity. It may be smaller than others but it's still a NEW market we're entering and you don't do that every day, so you'd better shout loudly about it when you do.
Other companies RNS every scrap of news to help keep the sp buoyant between results, so why not GMR?
Flutter buys UK online bingo firm Tombola for £400 million in cash
https://igamingbusiness.com/flutter-entertainment-to-acquire-tombola-for-402m/